Brandon Makhani, Tyler Makhani & Chloe Makhani Acquire Commercial Retail Property In Los Angeles For $6.2M
1139 Glendon Avenue
$6,200,000
$562/SF
Building Size
11,019 SF
Asset Type
Retail
Closing
Apr 21, 2026
AI
The property asset involved in this transaction is located at 1139 Glendon Avenue in Los Angeles, categorized as a Commercial Retail/Restaurant. The sale price for this asset was $6,200,000, with a total square footage of 11,019 and a price per square foot of $562.
Summary of transaction details:
- Property Type: Commercial Retail/Restaurant
- Transaction Amount: $6,200,000
- Address: 1139 Glendon Avenue
- Market: Los Angeles
- Buyer: Brandon Makhani, Tyler Makhani & Chloe Makhani
- Seller: Robert Ormond
- Buyer’s Representative: Lorena Tomb - Urbanlime Real Estate
- Seller’s Representatives: T.C. Macker & Woody Cook - WESTMAC Commercial Brokerage Company
- Square Footage: 11,019
- Price per Square Foot: $562
This transaction involved key individuals such as the buyers, Brandon Makhani, Tyler Makhani, and Chloe Makhani, who have acquired the property from seller Robert Ormond. The buyer's representative in the deal was Lorena Tomb from Urbanlime Real Estate, while the seller was represented by T.C. Macker and Woody Cook from WESTMAC Commercial Brokerage Company.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93